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r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and option trading. It has become notable for its colorful and profane jargon, aggressive trading strategies, and for playing a major role in the GameStop short squeeze that caused losses for some US firms and short sellers in a few days in early 2021.
— Wall Street Silver (@WallStreetSilv) March 1, 2024 “Five Guys prices are out of control,” the user wrote to accompany the image sourced from Reddit. “$24 for one person.”
Reddit shares were last trading at $40.66, below last month's debut price of $47. (Reuters) -Top Wall Street brokerages, whose investment banking units helped Reddit prepare for its public issue ...
Keith Patrick Gill (born 1986) is an American financial analyst and investor known for his posts on the subreddit r/wallstreetbets. His analyses of GameStop stock (NYSE: GME) and details of his resulting investment gains—posted on Reddit under the username DeepFuckingValue (DFV) and on YouTube and Twitter as Roaring Kitty—were cited as a driving factor in the GameStop short squeeze of ...
In January 2021, a short squeeze of the stock of the American video game retailer GameStop and other securities took place, causing major financial consequences for certain hedge funds and large losses for short sellers. Approximately 140 percent of GameStop's public float had been sold short, and the rush to buy shares to cover those positions ...
Reddit soared in its Wall Street debut as investors pushed the value of the company close to $9 billion seconds after it began trading on the New York Stock Exchange. Reddit, which priced its IPO ...
Reddit is a public company based in San Francisco. It has an office in the Mid-Market neighborhood. Reddit doubled its headcount in 2017; as of 2018, it employed approximately 350 people. In 2017, the company was valued at $1.8 billion during a $200 million round of new venture funding.
In the past two weeks, three equity strategists tracked by Yahoo Finance have boosted their year-end targets for the S&P 500. The median target on Wall Street for the benchmark index now sits at ...